52-58 Victoria Avenue, Whanganui Central, Whanganui
price TBC
2,023m2
2,080m2
Iconic landmark
The Rutland - an icon on the corner of Victoria Avenue and Ridgway Streets Whanganui, is a Category B Heritage 2 storey building, on a freehold title of 2,023 sq m (more or less). A significant slice of real estate in Whanganui`s main business centre, with car parking and service area at the rear of the L shaped complex. Long renowned for its hospitality business, the Rutland Arms Inn on Ridgway Street offers accommodation in the grand style of yesteryear, accompanied by a substantial, acclaimed restaurant, bar and relaxing social areas. Definitely impressive. Combine the Rutland Arms Inn with the equally significant Victoria Avenue frontage, tenanted by a range of businesses and offices, the allure of the location is obvious. Consider this an asset to be prized. The tenants include the corner, old world style, modern cuts barber shop, alongside hi-tech repairs, crystal retail, beauty and health tenancies. Upstairs are legal and other office business locations. This very versatile mix of tenancies, ranging from hospitality through to retail and service businesses, makes The Rutland an attractive investment, with a net rental in excess of $210,000. Don't miss the opportunity to invest in this Heritage Icon, with substantial returns, located in a progressive regional city.
Chattels
52-58 Victoria Avenue, Whanganui Central, Whanganui
Web ID
WGC15126
Floor area
2,080m2
Land area
2,023m2
District rates
$40,100.24pa
Regional rates
$1,079.54pa
LV
$760.000
RV
$1,620,000
price TBC
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A rare opportunity to own a fully operational pub with built-in accommodation and multiple income streams. This well-maintained property is packed with charm, space and endless potential for the savvy investor or hospitality entrepreneur. The main building spans 427 m2 (approx) and offers seven spacious bedrooms, two with private en suites and three additional, fully appointed shared bathrooms - ideal for staff housing, guest rentals or backpacker-style accommodation. Separate from the main structure is a fully serviced external hut featuring four extra rooms with private amenities, perfect for flexible use such as short-term rentals, private stays or additional staff quarters. At the heart of the property is the vibrant pub setup: a character-filled sports bar, a café-style dining area and a large commercial kitchen - all in excellent condition and ready for trade. Whether you're continuing as a pub, adding a restaurant or creating a live entertainment venue, the infrastructure is ready to support your vision. A private apartment adds even more value, offering a quiet owner's retreat or a self-contained rental unit to boost revenue. Whether you're looking to run a country pub, create a community hotspot or launch a hospitality venture with accommodation on-site, this property delivers on location, layout and potential.
Price on Application
We are excited to present this prime commercial property currently home to Club Metro, arguably one of the more desirable properties to recently enter the market. Situated in the Arts and Commerce Zone of the city's CBD, the property spans approximately 2,149 m2 of land between two streets and features 1,410 m2 of building space across two levels, complete with top-level fixtures and fittings. The building boasts a diverse and impressive layout, including a large restaurant with a well-appointed kitchen, a spacious bar, a gaming lounge, additional games rooms, function rooms, and office spaces. The property also offers substantial parking at the rear, accessible off the street, and is conveniently located directly across from UCOL, enhancing both its visibility and accessibility. Club Metro was established in 2018 through the merger of our clients, the Wanganui Cosmopolitan Club with the RSA, and carries forward a tradition of over 100 years of community service and camaraderie. The Club is eager to continue their tenancy under new ownership, making this property not only a significant investment opportunity, but also a chance to contribute to the continuation of a cherished local legacy.
From $1,500,000 + GST (if any)
Foxton is on the move; don't miss the opportunity to buy this multi-purpose property, offering a sizeable open-plan area, full commercial kitchen and bar facilities and oodles of outdoor space. This property would suit a range of businesses, from hospitality to event management, aged care facility, community and health-based initiatives, a childcare centre, or a residential development. • 708m2 floor area • 3971m2 land area (more or less) • Commercial kitchen • Zoned residential • Ample parking • Dual access
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